Axis Bank - Senior Manager/AVP - Cost Management

About the Role :

This Cost Control team is responsible for all aspects of cost budgeting, reporting and forecasting activities. The team leader is supposed to drive all key deliverables from the team members. This team is also responsible for equitable cost allocation across various segments. The deliverables include interaction with senior management on variance analysis, budgetary control and project updates.

Key Responsibilities:

- Responsible for conceptualization of cost reduction ideas and its implementation, work with stakeholders across the organization. Present the weekly progress to senior management.

- Prepare monthly master data / trends, cost reports forecasts, BITE reports, presentations and Peer bank comparisons

- Build robust cost allocation model.

- Implement the automation of various dashboards in Tableau and the introduction of budget utility

- Responsible for the integration of Cost Framework in P2P

- Ensure collation / summarization of cost budget on quarterly basis.

Qualifications:

Optimal qualification for success on the job is:

- Chartered accountant with 6+ years of experience with reputed financial institutions (Banks / NBFCs/ Insurance companies preferred), should have handled a team.

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

- Knowledge of Microsoft Office (including PowerPoint, Excel & Word) and Tableu (desired)

- Knowledge of financial reporting and ability to work with financial data

- Demonstrate management control of delegated tasks